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$ 350,000
Est. payment | /mo
5 Baths
4,414 SqFt
$ 350,000
Est. payment | /mo
5 Baths
4,414 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,414 sqft
Price per Sqft $79
MLS Listing ID 24086349
Half Baths 5
HOA Fees $660/mo
Year Built 1780
Property Description
Situated in one of the most prominent and admired locations in town, 11 Hayward Avenue offers a rare opportunity to own a stunning commercial condominium in the center of Colchester. This property is located directly on the Colchester Green, giving owners and tenants front-row access to the town's events, activities & daily charm. The visibility, foot traffic & curb appeal make this a standout opportunity for a wide range of uses. This commercial condo consists of 3 units. Unit 1 offers 1,612 SF, Unit 2 offers 2,142 SF, and Unit 3, the Annex, is 660 square feet and currently leased, providing immediate income. While the building has been used as 2 units for many years, it can easily be converted back to 3 units. Located within both the Town Center & Historic zones, it offers exceptional flexibility for future use. Permitted uses include residential, commercial uses, office space, service businesses, religious organizations, hotel/motel, home daycare & mixed-use development. Additionally, with a special permit, other innovative uses are possible, including cannabis-related food and beverage manufacturing and more. This is a one-of-a-kind opportunity to own a piece of Colchester's architectural and commercial landscape. Whether you are looking to establish your business in a landmark location, expand your investment portfolio, or develop a mixed-use property in the town's vibrant core, 11 Hayward Avenue offers the location, character & flexibility to make your vision a reality.
Location
State CT
County New London
Zoning TC
Interior
Heating Hot Water, Zoned
Cooling Central Air
Exterior
Exterior Feature Sidewalk, Gutters, Lighting
Utilities Available Electric, Telephone, Cable
Roof Type Asphalt Shingle
Building
Lot Description Corner Lot, Dry, Level Lot
Story 2
Foundation Concrete, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Sherry Borgeson • Berkshire Hathaway NE Prop.
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Ilka Torres
Broker | License ID: REB.0794005